Decision system framework for performance evaluation of advanced manufacturing technology under fuzzy environment

Surajit Nath () and Bijan Sarkar
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Surajit Nath: Calcutta Institute of Engineering & Management
Bijan Sarkar: Jadavpur University

OPSEARCH, 2018, vol. 55, issue 3, No 7, 703-720

Abstract: Abstract Modern world is a competitive world. To survive in this world, every industry must achieve competitiveness. So, it has become the most important task for them to select the best Advanced Manufacturing Technology (AMT). The process involves both quantitative and qualitative factors. The aim of this paper is to solve the problem by Fuzzy TOPSIS method. According to the method of TOPSIS, a closeness co-efficient is determined by calculating the distances to both the Fuzzy positive ideal solution (FPIS) and Fuzzy negative ideal solution (FNIS). Then, a Suitability Index (SI) is calculated by taking into account the Objective Factor Measurement (OFM) to rank the alternatives. Finally, a numerical example using triangular fuzzy numbers is shown to highlight the proposed method.

Keywords: Decision making; MCDM; Advanced manufacturing technology (AMT); Fuzzy TOPSIS; Triangular fuzzy number; Suitability index; Co-efficient of attitude; Sensitivity analysis (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (5)

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DOI: 10.1007/s12597-016-0262-9

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